Oil & Gas

Oil rig arriving in Malta before commencing exploratory drilling

TRG has been directly involved Oil and Gas exploration and production for over a quarter of a century. This includes onshore and offshore oil and gas discoveries and production in North and South America, Russia and southern Europe, and in arranging and funding oil and gas exploration wells in North Africa, the Middle East, Europe and South East Asia.

Mediterranean Oil & Gas plc, (MOG)  was founded by our Chairman in conjunction with Bank Mizuho of Japan  one of the largest banks in the world and Stark Investments a multi-Billion dollar US Fund.  MOG  was established by TRG to develop a number of  oil and gas assets in the Mediterranean region, MOG 100%  made the Ombrina Mare oil and gas discovery off the coast of Italy – with 2P reserves of 40mmbl of oil and 8Bcf of gas.

TRG developed an offshore gas field in Italian Adriatic Waters in joint venture with ENI.

The group operated the Monte Grosso deep oil prospect on behalf of the joint venture which included ENI, Shell and Total.

Mr Trevisan was the founding chairman of Arabex Petroleum Ltd which made the Rubiales onshore heavy oil discovery in Colombia.

TRG established one of the first western ventures in Russia following the breakup of the Soviet Union as part of a joint venture which built a well rehabilitation business – now owned and operated by Lukoil – in Komi, west of the Ural Mountains.

TRG in joint venture with BHP Petroleum established and funded an offshore exploration oil well in the Gulf of Oman, concession granted by the Emirate of Fujairah.

In 2015, under Mr Trevisan’s direction, TRG as part of a joint venture, was granted Myanmar Offshore Block M15.